Recently, a report indicated that Russia intended to invest billions of dollars in Bitcoin to cushion itself against the effects of U.S sanctions. As we reported, the report cited a senior Russian economist and a lecturer at a national economics institution. However, a Russian government official says that this is very unlikely. The official, who…

In the course of recent years, initial coin offering (ICO) ventures in the crypto market have raised harvested more than $30 billion. However, most ICO projects have little to display, particularly relating to end-user development, blockchain adoption, and predominantly, general user activity on decentralized frameworks. 5 ICOs that have delivered A small number of tokens…

Samsung-backed startup partner, AERGO announces it has secured $30 million from top investors including Sequoia Capital China and GBIC, to develop its end-to-end open-source platform for distributed services. AERGO, the strategic technology partner of Samsung Ventures funded startup Blocko, announces it has secured $30 million in a venture funding round to allow businesses to share…

Bithumb, one of the largest cryptocurrency exchanges in Korea, lost over ＄30 million worth of cryptocurrency to hackers on Wednesday in the second major cyberattack on a local cryptocurrency exchange in a matter of weeks. “We noticed that between last night and today early morning, about 35 billion won [＄31.5 million] worth of cryptocurrencies has…